Market Report: Overview of the top 5 cryptocurrencies with the biggest declines on February 4, 2026, with Stable experiencing the largest drop

Gate.io News Bot Message, February 4, 2026. According to CoinMarketCap market data, the overall cryptocurrency market remains under pressure, with several major coins experiencing adjustments. Below are the top five cryptocurrencies by decline over the past 24 hours:

1️⃣ STABLE (Stable) 📉 Current Price: $0.27 | Change: -8.06% 📊 24H High/Low: $0.305 / $0.25 | Market Cap: $480,590,911.87 ⚠️ Stable, a blockchain focused on stablecoin payments, has recently experienced a correction. The coin reached a peak with a 30% increase at the end of January; the current pullback may reflect profit-taking and the market’s cyclical fluctuations in stablecoin payment demand.

2️⃣ HYPE (Hyperliquid) 📉 Current Price: $33.32 | Change: -7.20% 📊 24H High/Low: $38.30 / $32.42 | Market Cap: $10,065,917,754.89 ⚠️ HYPE experienced a correction after a strong two-week rally (over 50% increase). Despite Hyperliquid platform’s precious metals contract trading volume surpassing $1.5 billion and a thriving ecosystem, whale holdings data shows short positions (51.75%) exceeding long positions, indicating profit-taking pressure. The high-level pullback is a normal technical adjustment.

3️⃣ LIT (Lighter) 📉 Current Price: $1.50 | Change: -7.16% 📊 24H High/Low: $1.75 / $1.47 | Market Cap: $376,615,305.46 ⚠️ Lighter has initiated a LIT staking access mechanism requiring users to stake tokens to access LLP. This policy adjustment may trigger short-term selling pressure, as some investors reduce their holdings due to policy changes. Additionally, the gradual return of unallocated funds also impacts market sentiment.

4️⃣ SOL (Solana) 📉 Current Price: $98.53 | Change: -4.79% 📊 24H High/Low: $104.91 / $96.81 | Market Cap: $55,825,074,460.40 ⚠️ Solana experienced a slight correction. Despite ongoing ecosystem growth (Pump.fun daily active addresses exceeding 300,000, memecoin creation reaching an 11-month high), and continued net institutional inflows, large outflows from Bitcoin and Ethereum ETFs have dampened market risk appetite, dragging SOL’s performance. The number of daily active validators falling below 800 also reflects network activity pressure.

5️⃣ CC (Canton) 📉 Current Price: $0.17 | Change: -4.47% 📊 24H High/Low: $0.19 / $0.17 | Market Cap: $6,758,447,487.42 ⚠️ Canton experienced a mild correction with a relatively gentle decline. Although news of Nomura Holdings’ Laser Digital applying for a U.S. national trust bank license is positive, overall market risk appetite remains low, putting pressure on small-cap tokens. The news has limited direct impact on the token’s price.

📉 Market Summary and Risk Reminder

The current market shows signs of structural adjustment. Major coins generally retraced by 4-8%, mainly due to: (1) profit-taking after recent strong gains; (2) net outflows from Bitcoin and Ethereum ETFs, indicating reduced institutional risk appetite; (3) policy adjustments in some projects (such as Lighter’s staking mechanism change) causing sentiment fluctuations; (4) systemic correction amid a cooling macro environment for risk assets.

It’s worth noting that while declines are within 10%, market support levels should still be monitored. Investors are advised to:

• ⚠️ Be cautious with high-position entries and set proper stop-loss levels
• ⚠️ Pay attention to macro liquidity changes affecting the crypto market
• ⚠️ Avoid blindly chasing gains with high leverage, as leveraged positions face liquidation risks
• ⚠️ Regularly review your holdings’ logic and avoid bottom-fishing blindly

This message does not constitute investment advice. Please be aware of market volatility risks.